charles: i'm going to use a case study, a company called avery dennis, we see them everywhere, like the bar codes, everything that's stamped, they are a big part of the industry. since 04 to 11, their u.s. revenue has gone from 2.5 billion to 7 billion. stock at all-time high. latin america from 200 billion to almost 500 billion. these corporations are still making a lot of money, they are not making it from america. stuart: i've got to recap here. i didn't catch that? this is avery dennison. they make bar codes. charles: all kinds of things associated with commerce. stuart: your telling me that their profits have gone up -- revenue, the amount of money they are taking in, gone up from what? charles: gone up significantly year over year, but the source of that revenue has changed dramatically. 04, they did 2.5 billion in america. 2011 they did 1.7 billion in america. their revenues in america have gone down. their revenues everywhere else have gone straight up. charles: skyrocketed. hence the bottom line has skyrocketed. you can translate that example to corporate america generally maki